Benefits Vet Posted February 9, 2021 Share Posted February 9, 2021 Any tips on how to enter the definitions of statutory and plan compensation where the statutory definition is 415 compensation and the plan comp definition is gross comp on the W-2? Link to comment Share on other sites More sharing options...
C. B. Zeller Posted February 11, 2021 Share Posted February 11, 2021 Have you tried asking your document provider? If you are using a checkbox-style adoption agreement, I would expect each of those to be options. Free advice is worth what you paid for it. Do not rely on the information provided in this post for any purpose, including (but not limited to): tax planning, compliance with ERISA or the IRC, investing or other forms of fortune-telling, bird identification, relationship advice, or spiritual guidance. Corey B. Zeller, MSEA, CPC, QPA, QKA Preferred Pension Planning Corp.corey@pppc.co Link to comment Share on other sites More sharing options...
RatherBeGolfing Posted February 11, 2021 Share Posted February 11, 2021 On 2/9/2021 at 5:28 PM, chibenefits said: Any tips on how to enter the definitions of statutory and plan compensation where the statutory definition is 415 compensation and the plan comp definition is gross comp on the W-2? For plan document purposes or compliance module? Link to comment Share on other sites More sharing options...
Benefits Vet Posted February 16, 2021 Author Share Posted February 16, 2021 On 2/11/2021 at 8:31 AM, C. B. Zeller said: Have you tried asking your document provider? If you are using a checkbox-style adoption agreement, I would expect each of those to be options. Yes but they were not very helpful. You would be surprised about how it is formatted. The options just do not match up the way you would expect. Link to comment Share on other sites More sharing options...
Benefits Vet Posted February 16, 2021 Author Share Posted February 16, 2021 On 2/11/2021 at 9:15 AM, RatherBeGolfing said: For plan document purposes or compliance module? Plan document. Link to comment Share on other sites More sharing options...
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